Guide to Incoterms Simplifies Global Trade Rules

Guide to Incoterms Simplifies Global Trade Rules

This article systematically reviews common Incoterms in international trade, such as EXW, FOB, CIF, and DDP, explaining their core functions, division of responsibilities, and risk transfer. It also analyzes specific trade scenarios. The importance of choosing appropriate Incoterms and the key aspects of risk control are emphasized, aiming to help foreign trade practitioners better understand and apply international trade terms. Understanding these terms is crucial for successful international transactions and mitigating potential liabilities.

08/22/2025 Logistics Encyclopedia
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Global Trade Relies on Fumigation Certificates for Customs Efficiency

Global Trade Relies on Fumigation Certificates for Customs Efficiency

This article provides an in-depth analysis of the importance of the fumigation certificate in ocean freight, detailing its core value, applicable cargo types, and key considerations for obtaining it. It aims to help foreign trade companies understand the fumigation process, mitigate trade risks, and ensure smooth customs clearance for goods, ultimately unlocking access to the global trade market. The article emphasizes the role of fumigation certificates in ensuring export compliance and facilitating international trade.

02/03/2026 Logistics Encyclopedia
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Moldova Launches Wtobacked Mercator Program to Boost Trade

Moldova Launches Wtobacked Mercator Program to Boost Trade

With the support of the WCO, Moldova has launched the 'Mercator Programme' to implement the WTO Trade Facilitation Agreement. This initiative aims to enhance trade efficiency, reduce costs, and ultimately promote economic development. The Mercator Programme is expected to streamline customs procedures, improve transparency, and foster greater regional integration. By simplifying trade processes, Moldova seeks to attract foreign investment and boost its competitiveness in the global market.

01/26/2026 Customs Knowledge
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China's Export Dilemma: Buyout vs. Agency Trade Models Compared

China's Export Dilemma: Buyout vs. Agency Trade Models Compared

The difference between buying export and agent export lies in the former referring to exports conducted through an entity with export rights when lacking such rights, while the latter involves an authorized exporter acting as an agent to ensure foreign exchange repatriation. Buying export does not enjoy tax rebates, whereas agent export can apply for them. Understanding these distinctions is crucial for foreign trade operations.

07/28/2025 Customs Knowledge
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Zendure Startup Secures Funding in Competitive Energy Storage Market

Zendure Startup Secures Funding in Competitive Energy Storage Market

Zendure successfully completed its financing through four key strategies: differentiated products, crowdfunding, multi-channel distribution, and social media marketing. Its experience offers valuable insights for other energy storage brands. These include a user-centric approach, differentiation in a competitive market, prioritizing user interaction and engagement, adopting a multi-channel distribution strategy, and leveraging social media marketing for brand building and customer acquisition. By focusing on these aspects, other brands can potentially replicate Zendure's success in attracting investment and building a loyal customer base.

01/04/2026 Logistics Industry Insights
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Saudi Startup Nana Secures 133M for Dark Store Expansion

Saudi Startup Nana Secures 133M for Dark Store Expansion

Saudi grocery delivery platform Nana raised $133 million in Series C funding, setting a new record for Saudi startups. Nana utilizes a 'dark store' model, leveraging a network of micro-fulfillment centers to deliver daily groceries within 15 minutes. This funding will accelerate Nana's expansion and solidify its leadership in the Saudi digital shopping landscape. The company aims to further optimize its operations and expand its reach across the Kingdom, capitalizing on the growing demand for online grocery services.

01/05/2026 Logistics
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Exalibaba Execs Raise 4M for Southeast Asia Ecommerce Startup

Exalibaba Execs Raise 4M for Southeast Asia Ecommerce Startup

Southeast Asian e-commerce presents substantial potential but is highly competitive. The recent funding of Homing Day, a home furnishing independent website, has drawn significant attention. To succeed, sellers need to adopt localized operations, leverage social media marketing, and implement data-driven strategies. Understanding local consumer preferences and adapting marketing efforts accordingly is crucial. Furthermore, utilizing data analytics to optimize product offerings and marketing campaigns can provide a competitive edge in this dynamic market. Focusing on niche markets and building strong brand identity are also important considerations.

12/31/2025 Logistics Industry Insights
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Renogy Solar Startup Hits Milliondollar Sales Via Directtoconsumer Model

Renogy Solar Startup Hits Milliondollar Sales Via Directtoconsumer Model

This article deeply analyzes the success story of RENOGY, a new energy unicorn company founded by Dr. Li Yi, born in the 1980s. It reveals the operational strategies behind its independent website achieving over one million monthly traffic, including the DTC model, refined operations, and social media marketing. Furthermore, it provides suggestions for sellers looking to enter the energy storage category on how to differentiate themselves from the competition and achieve success in the market.

12/30/2025 Logistics Industry Insights
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